CoinEx News: After the July 14 U.S. CPI release, Bitcoin rose from around $62,500 to about $65,200 by July 15, reclaiming $64,000 with a roughly 4% gain over 24 hours. U.S. headline CPI fell 0.4% month over month and slowed to 3.5% year over year, while core CPI was flat month over month and eased to 2.6%, reducing immediate rate-hike pressure and helping lift risk assets as bearish positions were forced to close.

With $65,000 now being tested, the next stronger resistance is near $67,000; a daily close above it would strengthen the recovery case, while a drop back below $64,000 would leave this as a CPI-driven relief rally.